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The latest update is out from Tempest Minerals Limited ( (AU:TEM) ).
Tempest Minerals Ltd has announced promising initial metallurgical results from its Remorse Iron discovery within the Yalgoo Project in Western Australia. The Davis Tube Recovery testing reported iron concentrations of up to 68.8% with low impurity levels, indicating high-quality iron ore potential. These results could enhance Tempest’s position in the mining sector, particularly in iron ore production, and further results are anticipated in the coming weeks.
More about Tempest Minerals Limited
Tempest Minerals Ltd is a mining company focused on exploring and developing mineral resources in Western Australia. The company’s flagship project, the Yalgoo Project, spans over 1,000 square kilometers and includes deposits of base metals, gold, and iron, with notable neighbors in the mining industry.
Technical Sentiment Signal: Sell
Current Market Cap: A$2.94M
Learn more about TEM stock on TipRanks’ Stock Analysis page.